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30 September 2014

Deep Sea Mooring Opens New Office in Australia

30 September 2014 - Deep Sea Mooring (DSM) is expanding its international footprint with the opening of a new office in Perth, Australia. The facility, which will officially open on 8 October, will provide sales and technical support to customers across Australasia. The Australian subsidiary; Deep Sea Mooring Australia Pty Ltd., will initially employ nine people, led by Managing Director, Barry Silver.

To support its mooring operations, the company has also secured a 13,000m² yard in Karratha, 1500km north of Perth, which is a main access point to major oil and gas developments offshore Western Australia.

DSM CEO, Åge Straume, says the company has confidence in Australia’s future as a key global player in the offshore oil and gas industry.

Testament to this conviction is the 7000 tonnes of mooring equipment in transit to the Karratha yard. The company has already procured most of the equipment heading for Australia, which has a value of MUSD 30, bringing the total value of the pool up to more than MUSD 125. The equipment used in DSM’s Australian operations will be optimised for local hard-rock geological formations.

Deep Sea Mooring is a leading provider of mooring solutions. Founded in 2008, Deep Sea Mooring is a market leader on Norwegian Continental Shelf and is expanding internationally. The firm currently has operational bases in Mongstad and Kristiansund, employing 40 persons, and provides pre-lay mooring, rig moves, marine engineering, mooring equipment rental, and offshore services. Deep Sea Mooring is owned by HitecVision, a leading private equity provider in the oil and gas industry.